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Capricorn 56-58 Lexington Ave

18,900 SF Retail Building Passaic, NJ 07055 For Sale

Investment Highlights

  • Busy Downtown Location
  • Dense Shopping district
  • Rear driveway loading area

Executive Summary

56-58 Lexington Ave. is an 18,900 sf retail property. It has 8,200 sf on the ground floor, with a 2,700 sf mezzanine, and an 8,000 sf basement ( storage only) Property is currently operating but will be delivered vacant for a new User/Tenant.
Landlord will Lease property as well. Asking rent is $240,000 NNN

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,900 SF
Building Class
C
Year Built
1935
Tenancy
Single
Number of Floors
2
Loading Docks
1 Exterior
Building FAR
1.80
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
Commercial
Frontage
42 ft on Lexington

Amenities

  • Mezzanine
  • Storage Space
Walk Score ®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Blink Fitness
Rent-A-Center
Blimpie
Noches De Colombia
Key Food
SuperFresh
TD Bank
PNC Bank
CTown
Valley National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-04124-0000-00010
Land Assessment
£205,184
Improvements Assessment
£796,851
Total Assessment
£1,002,035
  • Listing ID: 33885156

  • Date on Market: 15/11/2024

  • Last Updated:

  • Address: 56-58 Lexington Ave, Passaic, NJ 07055

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